BY IRWIN ANGIKI
Midnight last night saw fuel prices jump by around 30 percent, the largest increase in the country since the global fuel crisis began.
Petrol is now $12.45 per litre, and Diesel $13.24 per litre.
According to owner of Solomon Motors Ltd Craig Day this represents a 25-35 percent increase.
Former prices were – Petrol at $9.01 per litre, and Diesel at $9.81 per litre.
The increase are the anticipated effects of the global oil price surge from the war in the Middle East.
Authorities are expected to make a statement on this increase later this week.
Government has so far managed to cushion Solomon Islands from the global fuel price hike, and increases in fuel prices in the country have been gradual.
Mr Day posted yesterday evening, and also the Solomon Motor Facebook page in a humanitarian display announcing the midnight increase and encouraging public to refuel their vehicles before midnight.
Last month, in a press conference, Secretary to the Prime Minister (Special Duties) Sir Dr Jimmie Rodgers had foretold of steady price increases in fuel in April heading towards May.
Price Advisory Committee (PAC) under the Ministry of Commerce, Industry, Labor and Immigration (MCILI) told Island Sun earlier this month that following the initial fuel price increase at the turn of the month, a further increase will take place around mid-April.
Last night’s increase represents this.
Fuel prices are reported to increase on May 1. It is not clear yet by how much.
Photo: Supplied
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